Someone should ask Emma Watson

Completely off topic, but I see on the BBC that Emma Watson has donated £1m to something called the UK Justice and Equality Fund, which is a campaigning group on sexual harassment. As this does not appear to be a charity, and is not a registered political party, I assume she will be receiving a big inheritance tax bill from HMRC in due course, just as those donors to the Brexit campaign did?

A comment from Jim on this very blog.

18 comments on “Someone should ask Emma Watson

  1. I like the fact the BBC article about harassment of women is accompanied by a picture of Mariah Carey with her tits hanging out of a low cut dress.

    I agree they can dress as they please, but they shouldn’t try to pretend that ‘sex’ isn’t part of what they are selling.

  2. The fund is part of ROSA UK, which is a registered charity.

    See rosauk.org

    As I write – they have raised a total of £1,062,353, £1m of which is the donation above.

  3. “The fund is part of ROSA UK, which is a registered charity.”

    It doesn’t say the fund is part of the charity, it just says Rosa has been chosen to host and manage the fund. Which suggests its legally separate from the charity. The proof would be if Gift Aid was available – if it is then it must be part of the charity, if not then its separate.

  4. I see the justification on the funding link is full of the usual made-up-statistics that you would expect.

    It is however quite non-Trans (and all the other rainbow letters) inclusive – it only mentions the sexual assaults on women (20%) and men (4%) but what about all the ‘others’ who (according to NiV) experience a 100% assault rate?

  5. “If you go to the gofundme website it talks about ticking the box for the fund to claim gift aid on donating to this fund.”

    Ah, well in that case it must be part of the charity then. Bugger!

  6. Someone has no idea about tax !
    There is no tax on making a gift. The only tax issue is that if she doesn’t survive another 7 years then the gift will be included in her estate (on a sliding scale – so 1/7 if she survives 6 years) for IHT purposes. But she wouldn’t get the IHT bill anyway – the executors of her estate would get it.
    Some bits of IHT really are that simple !

  7. I thought Watson was meant to be ‘clever’ – didn’t she leave acting for a while to go and study for a degree?

    Ah, just checked, he’s an English Lit major…

  8. @Simon: I think that applies to gifts to individuals. Gifts to legal entities are covered by a 20% tax on entry, except if they are charities or political parties. So if this fund was not a charity but a trust or non profit making company, then a charge of 20% would be due on such a gift. Hence why gifts to the bodies set up to campaign for Remain and Leave have attracted IHT bills for the donors – they were neither charities or registered political parties.

  9. From https://www.gofundme.com/Justice-and-Equality-Fund

    “The fund will address priority needs, especially those of people in low paid, part-time and freelance employment, and those who face intersecting disadvantages related to their race, age, class, immigration status, disability or sexuality.”

    And suddenly, the burning issue of the sexual harassment of women becomes a minor ingredient in the contemporary SJW cocktail.

    I doubt E. Watson cares. She’s probably happy just writing a cheque to the buddies she likes to hang out with, whilst signalling her virtue.

  10. @Simon. Jim has the main point covered, but if it were a gift to an individual then they would have tax to pay (as it’s well above the nil rate band) and it is the tax that is tapered down not the value of the gift, and not on quite the sliding scale you describe. Inheritance tax is really not that simple at all.

  11. If healthy 27 year olds are paying inheritance tax, I’d suggest the system might just be suffering from scope creep…

  12. “If healthy 27 year olds are paying inheritance tax, I’d suggest the system might just be suffering from scope creep…”

    Well unless you know when you are going to die, not really. A healthy 27 yo could give you £1m tomorrow, and fall under a bus the next day, and IHT would be due on the gift.

    So all gifts are either potentially exempt (you survive another 7 years) or chargeable lifetime transfers (tax due on the gift because you’ve given the money to a legal entity which may allow you to avoid IHT in the future).

    Death isn’t only something that happens to old people you know.

  13. Jim,

    Yes, that’s how the law is drafted. I get that.

    Would any reasonable person believe that is consistent with the original justification of the principle of inheritance tax ? Landed gentry and all that. Not some 10 year old who happened to be in the right place at the right time and is still barely old enough to have any idea of what to do with it, still less start a family and generate dependents.

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